Address
702 Boardwalk, Wildwood, NJ
Price
$ 599,000
Property Attributes
- MLS#NJCM2002774
- TypeMulti-Family
- CountyCAPE MAY
- CityWildwood
- AreaLower Twp
- Zip08260
- StyleCottage,Bungalow,Dwelling with Rental,Dwelling w/S
- Year Built1920
- Taxes$ 2092
- Price$ 599,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Nestled in a coveted SHAWCREST neighborhood, this recently renovated duplex property stands as a testament to modern luxury and impeccable design. With meticulous attention to detail, the home has undergone a comprehensive renovation, transforming it into a stunning masterpiece of Jersey shore living. Shawcrest provides a serene family-friendly environment popular for year-round residents and vacationers alike. It offers a more relaxed and quieter atmosphere compared to some of the busier sections of Wildwood while also being conveniently located to the vibrant attractions; The Wildwood Boardwalk, beaches, amusement parks, shops and restaurants all just a short drive away. The property's dual nature as both a residence and a short-term rental unit presents an opportunity for a steady stream of rental income. Owners can live in one unit and rent out the other on platforms like Airbnb or VRBO, taking advantage of the booming short-term rental market. This property is currently generating income using Airbnb and has bookings already into the new year. (can transfer with sale or be cancelled if needed)
| Price History | |
|---|---|
| 11/1/2023 | Listed $599,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Ductless/Mini-Split |
| Possession | 0-30 Days CD |
| Zoning | RESIDENTIAL |
| Pool Y/N | No Pool |
| Architectural Style | Cottage,Bungalow,Dwelling with Rental,Dwelling w/Separate Living Area |
| Construction Materials | Frame,Mixed,Stick Built,Wood Siding |
| Exclusions | personal property however furniture negotiable |
| Year Built | 1920 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | Other |
| County | CAPE MAY |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 9 |
| Status | ACTIVE |
| Directions | Rt 47 (Wildwood Blvd) to W. Rio Grande Ave |
| ModificationTimestamp | 2024-03-23T09:48:18 |
| City | WILDWOOD |
| Buyer Agent Compensation | 2 |
| Disclosures | Flood Insurance Required,Flood Zone |
| Total Units | 2 |
| MLS Area | Lower Twp (20505) |
| Lot Size Square Feet | 1250.00 |
| Tax Assessed Value | 104400.0 |
| Waterfront Y/N | No |
| Street Name | BOARDWALK |
| Tax Annual Amount | 2092.17 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Detached |
| One Bedroom Units Count | 1 |
| Price Per Sq Ft | 819.43 |
| Acceptable Financing | Cash,Conventional,FHLMC,FMHA,Other |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 731 |
| Days on Market | 182 |
| Lease Type | None |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00017 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Furnished Units | None |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | all permanent fixtures and appliances. Furniture negotiable |
| Type of Parking | On Street |
| Foundation Details | Pilings |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 25.00 x 50.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 88700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 08260
Price
Taxes
Visits
Year Built
Walkscore
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